Arab Today, arab today starbucks drops grocery prices
Last Updated : GMT 01:05:16
Arab Today, arab today
Arab Today, arab today

Starbucks drops grocery prices

Arab Today, arab today

Arab Today, arab today Starbucks drops grocery prices

Seattle - UPI

U.S. coffee store chain Starbucks said Friday it would drop the suggested prices for packaged coffee in grocery stores an average of 10 percent. The new pricing is scheduled to start May 10, the Los Angeles Times reported. Company spokesman Zack Hutson said the pricing changes would affect Starbucks and Seattle\'s Best brands sold in stores, but not prices at Starbucks bistros. The suggested retail prices for stores for a 12-ounce bag of Starbucks and Seattle\'s Best will each drop $1 to $8.99 and $6.99, respectively. The adjustment reflects the declining price for coffee beans and catches Starbucks up to other coffee sellers that have already dropped their prices, the newspaper said.

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